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Delaware Powerball Jackpot Annuity Payout Schedule for Apr 11, 2022

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The tax information provided here is based on 2026 federal marginal rates and state tax rates.  It shows the final federal and state tax burdens each year, not the amount initially withheld by the lottery.

The Powerball annuity jackpot is awarded according to an annually-increasing rate schedule, which increases the amount of the annuity payment every year.  The table below shows the payout schedule for a jackpot of $287,300,000 for a ticket purchased in Delaware, including taxes withheld.

Please note, the amounts shown are very close approximations to the amount a jackpot annuity winner would receive from the lottery every year.  They are not intended to specify the exact final tax burden, which may vary depending on how the winner chooses to invest or dispense their money, as well as deductions claimed.

State:

Delaware

Drawing Date:Mon, Apr 11, 2022
Jackpot:$287,300,000
Federal Tax:37% marginal rate
State Tax: 6.6%
Report:Powerball annuity payout schedule (30 annual payments)

YearGross PaymentFederal TaxesState TaxesNet Payment
1$4,324,277$1,555,940$285,402$2,482,935
2$4,540,491$1,635,939$299,672$2,604,880
3$4,767,516$1,719,938$314,656$2,732,922
4$5,005,892$1,808,137$330,389$2,867,366
5$5,256,186$1,900,746$346,908$3,008,532
6$5,518,995$1,997,986$364,254$3,156,756
7$5,794,945$2,100,087$382,466$3,312,392
8$6,084,693$2,207,293$401,590$3,475,809
9$6,388,927$2,319,860$421,669$3,647,398
10$6,708,373$2,438,055$442,753$3,827,565
11$7,043,792$2,562,160$464,890$4,016,742
12$7,395,982$2,692,470$488,135$4,215,376
13$7,765,781$2,829,296$512,542$4,423,943
14$8,154,070$2,972,963$538,169$4,642,938
15$8,561,773$3,123,813$565,077$4,872,883
16$8,989,862$3,282,206$593,331$5,114,325
17$9,439,355$3,448,519$622,997$5,367,839
18$9,911,323$3,623,147$654,147$5,634,029
19$10,406,889$3,806,506$686,855$5,913,528
20$10,927,233$3,999,034$721,197$6,207,002
21$11,473,595$4,201,187$757,257$6,515,150
22$12,047,275$4,413,449$795,120$6,838,706
23$12,649,639$4,636,324$834,876$7,178,439
24$13,282,120$4,870,342$876,620$7,535,159
25$13,946,226$5,116,061$920,451$7,909,714
26$14,643,538$5,374,066$966,474$8,302,998
27$15,375,715$5,644,972$1,014,797$8,715,946
28$16,144,500$5,929,422$1,065,537$9,149,541
29$16,951,725$6,228,096$1,118,814$9,604,816
30$17,799,312$6,541,703$1,174,755$10,082,855
Total$287,300,001$104,979,717$18,961,800$163,358,484

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Note: The Net Payment total above may be a few dollars off from the total after-tax annuity amount shown on the Jackpot Analysis page because the Jackpot Analysis page shows an average annual payment, whereas we calculate an exact payment here.